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Money and business
Reuters
US oil contracts for June delivery fell 44 percent to $ 11.42 a barrel
Reuters reported that US oil contracts. USA For June delivery, they fell 43.4 percent to settle at $ 11.57 per barrel, the lowest level for contracts since February 1999.
On the other hand, US oil futures. USA For delivery in May, they rose 124 percent to settle at $ 10.01 per barrel.
Reuters said more than two million US crude contracts for June delivery were traded in Tuesday’s session, the largest one-day futures contract in history.
For their part, futures contracts for the “Brent” mix fell during the trade today, below the level of $ 20 per barrel, and therefore global crude oil has registered the lowest level since 2001.
The decline in “Brent” crude comes at a time when US crude futures for May delivery collapsed as contracts traded below zero.
The “Bloomberg” agency that negotiated Brent crude contracts, at $ 19.33 a barrel, a 24.4 percent decrease from the previous settlement price.
Source: Agencies
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